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FOX Business
Jan 13, 2013 2:00am EST
with things that might do better. >> there are 9 states who don't have a personal income tax. you compare the state of vermont with the state of new hampshire. new hampshire has no sales tax or personal income tax and does better over time than the neighboring state of vermont that is a so-called progressive state. on a national level change the constitution or we will end up with a income and a consumption tax. >> unfortunately the constitution was changed in order to bring in the income tax. >> you have to change or we would get the both. >> you are against the idea of bobby gindale. >> i don't like sales tax. we saw the experiment in europe with that. they are onerous often than income tax . they are sneaky, too. it is vast and they are put in every element of sales and you don't know what the true tax rate and the cost. gin dale's program is to replace one source of government to do with another. it doesn't reduce what john and i would like to reduce the flow of money to the government. >> milton freeman didn't like national sales tax because it is too easy for governments to raise mo
FOX Business
Jan 12, 2013 12:00am EST
another. it is almost as if they don't care how brazenly sound -- funny face down and disingenuous they are.e hear from citi and bank of america. melissa: i'm melissa francis and here's what's "money" tonight. well you probably heard about shell's grounded alaskan oil rig but did you know why it might have been moved, to avoid taxes. we'll drill down on those details. plus ditching the gas tax by the side of the road. virginia governor bob mcdonnell, wants his state's 17.5 cents gas tax gone for good but he wants to raise another tax instead. he will join us in a fox business exclusive to tell us how it all shakes out. >>> a landmark decision in the sports world. major league baseball will start random in season testing for steroids. will the help its tarnished image and bring in ticket sales? we have former cincinnati reds pitcher, rob dib bill. even what they say it is not it is always about money. melissa: all right. first let's take a look at the day's market headlines. stocks reversed early losses capping off the week with modest gains. the dow gained 17 points to close at its
FOX Business
Jan 8, 2013 9:20am EST
, america the gigantic market not just smart zones, they want to conquer everything. >> they don't want all of our money flowing into their champion companies like samsung and taking them over. that's what it is. >> that's the crown jewel of south korea. stuart: 8 billion dollars of profit in 13 weeks, that's not bad. charles, stay right there, please. football next, alabama beat notre dame in last night's bcs championship bowl to give the crimson tide back, they got their-- i want to get this right, the football championship back, back-to-back champions and however, the most memorable moment from an otherwise lopsided game was this. >> you see that loving lady there, she does-- and miss alabama aj mccarron's girlfriend and right there is bb bonner and-- >> and they owed katherine webb, the girlfriend of the quarterback. he still is talking about her. >> and one guy, miss alabama and mom is on the right, i think at this moment it might be like 150,000, it's just like, you know, that's nonstop. stuart: he wouldn't stop. >> no, he was smithen. okay, now, ms. webb is the reigning miss alabama,
FOX Business
Jan 13, 2013 2:30am EST
therapeutics. >> what are they. >> pills for people who don't take care of themselves. >> it is a volatile and it es up and down faster than evil knevil on a motorcycle. it has a good balance with 10 percent and i like that. >> i like of the reference of evil knevil. thanks for watching. number one bsi block continues with cheryl casoney and cashin. >> bosses be wear. employees may get the green light to bash there arecompany on social media sights. the same law protects them and workers the workers and take on colleagues on twitter. some say it is about boosting big labor. are they right? i am cheryl casewn and welcome to cashin in . joining us this week marjorie christon and welcome to all of you. johnathon i will start with you. is this about protecting the workers or padding union numbers? >> it is shocking, cheryl. it is union-led government force that is tremendoly destructive to businesses. i mean, whose company is it anyway? the owners or the governments? of course, it is the owners and only the owner decides who works there. you have no right to a job let alone one that you bad-mo
FOX Business
Jan 6, 2013 1:30am EST
government only bigger and getting much bigger and we don't seem to much care, do we? hi, everyone and happy weekend, i'm neil cavuto you want more vernment and well, you're going to have to put up more dough bause the deal transcending ended up only increasing spending. by now you know the score, it didn't cut a thing and let me cut to the chase. a lot more than just rich folks are going to have to c a check. lots of checks and lots of folks because taxing the rich ain't covering the bill. even with a billion dollar tax hike on the wealthy the next ten years, that wks out to about 60 billion bucks a year, barely enough to keep the government running for a week. and like i said, there not cutting anything and i mean anything. so, we have to find a way to keep feeding the beast. and just taxing the rich ain't going to satisfy even if you took their money, every last cent. ten years out our debt would be higher than it is now, you have to move down the food chain. you have to move down, well, to you, to the under 400 and under 450 grand crowd and i think way under. i'm thinking 50 grand and ov
FOX Business
Jan 6, 2013 8:00am EST
this is great news for jobs, but with nearly 16 1/2 trillion dollars in debt someone here says if we don't start trimming the fat now, we're only killing more jobs later. so, who is right? hi, everyone, i'm brenda buttner, this is bulls and bears. let's get right to it, the bulls and bears this week, gary b smith, tobin smith. jonas max ferris and gary and caroline. welcome to everybody. gary k, the year is one week old and congress passing billions of new pork and you say bad sign for jobs in the new year. why is that? >> could have,look, it never ends. 430 million dollars for hollywood producers so they do movies in the u.s. versus other places? that's crazy. look, when you continue to raise spending it ends up being a tax on the economy, it keeps the headwinds on the economy, still at 7.8%, if you add in the people that came out of the work force we're more like at 11. it does nothing for nobody because gornment is inefficie inefficient, there is no profit motive and the inefficienes because of that does nothing for the economy going forward. >> brenda: jonas, doesn't it do something? might c
FOX Business
Jan 8, 2013 8:00pm EST
. it is in a sense easier because you don't have the private sector jobs to do that. we are in a very difficult messier. it is really one out of every three americans. that just turning around and saying you are doing government programs. well, you see how difficult it becomes. neil: it's an amazing study. thank you very much. >> you are welcome. neil: for the guy who wanted to make him president, mitt romney, john stemberg says it should not be too late for us to address government warnings laid out by mitt romney. what do you think of this? >> you are basically bringing me in $2.2 trillion a year, you are spending 3.8 trillion a year, and you are in the $16 trillion in hop. the math doesn't work. and you say the people at the top -- you saw their taxes go up. [talking over each other] [talking over each other] neil: you know, you have all of that entity at $50,000 a year. >> you know, i just think that what america is looking for, and i believe that people say the president and his economic program was the more popular one. i disagree with that. people voted on issues like contraception and i
FOX Business
Jan 9, 2013 12:00am EST
attention to what this self inflated windbag hast to say? on record for saying deficits don't matter in spending on the war on tear is down. good money after bad for green batteries is not in here he wins a pulitzer prize but yet not to a cabinet position. turning down a job he was never offered doesn't that make you think twice about what he writes? maybe he has nothing to offer. i turn down the nobel prize. consider o'reilly. i will see you january 26th. ashley: next is mony with france france. melissa: i'm melissa francis and here is what is mony tonight. the drop-dead date for. >>. >> taxpayers are wondering are you kidding aig? it is thanking america for the massive bailout but now it might join a multibillion-dollar lawsuit against the u.s. government. we have the bizarre details on this one coming up. >>> i think i found my next vacation. people across the country are storming florida for a python hunting contest. sounds great. this might be the most insane competition in america. we have the star of gnat geowild's python hunters, joins us to explain. even when ey say it's not
FOX Business
Jan 9, 2013 11:00pm EST
barnes thank you very thank you very much. >> time for your comments, craig, i get the impression you don't think that republicans are very effective negotiators, so far you are correct. jean said, i'm getting to be more and more of a dobbs fan, common sense questioning, thank you, keep then coming and the unkind words as well. we love hearing from you, good night from new york. >> who needs a hot miss alabama in the stands? cbs has a ton of cool cash and a drop dead gorgeous super bowl record on its hand, sold out as the bilge game is still -- big game is still weeks from oforget $ 4 million bucks for a 30 second spot is worth the price of the game. imagine if we clock the same rate, ogling the quarterback's girlfriend just watching the game, a little dirty, but undeny abily, pay dirt. i am neil cavuto, believe it or not it took seeks longer than other super bowl broadcasters in the past to reach this sell out point but as ceo leslie moonves thought, why not cheat when kuwait and score. considering the economy that many argue is slowing. and a financial sector busy paying billions to a g
FOX Business
Jan 13, 2013 8:30am EST
with what charles said. these people are inherently as a group corrupt. i don't think that's fair. if you want to say they're not doing their jobs well, not making the tough political decisions, that's different from correct. and dagen hit the nail on the head. we support them inhese things. we don't want them to cut these programs. we, the people. that's the political problem. >> although, adam, in the election process, we are-- they do make several promises to do the right thing. and when they go there, whether they are hepressu're pr us, they don't do the right thing and hence the corruption. >> maybe my definition of corrupt-- that doesn't describe law breaking, things punishable by going to prison so he we may be talking past each other on this. it's difficult to define, charles, what the right thing is. >> the right thing, the right thing? >> should they cut medicare? >> are you serious? we've got-- yes, cut it all. cut it all. i think ben stein, the courage, the political courage to do the right thing. we all know the right thing. >> the american people don't want these programs cu
FOX Business
Jan 5, 2013 9:00pm EST
days to look on line to find out what did before i sign it. >> citing things that this really don't want us to see. john: what if you are hiding things you don't want the government to see? >> whatever it is that what. >> the founder of with a pds. >> the internet and communication. that would be good. john: the teacher does not have to be good. john: freedom to put up. >> will increase. john: that's our show. ♪ john: what keeps you safe? what prevents fraud? most people you asks a government. government must lay out the rules and nish fraud. protect people. so government regulates. over the years as more regulations and america we now have 170,000 pages of rules. people think we can't live without these, but then came the internet. almost entirely unregulated, and it works. it is given us a new level of freedom. let's call it freedom -- "freedom 2.0". i could not have imagined it before coble, would compete. i assume the services like those could not work. what a joke. who would buy an unseen product from a total stranger without government regulation, it wou make sure that the
FOX Business
Jan 7, 2013 6:00pm EST
a study on us. the joke is a study to me he met i don't know, maybe the guy with the gold shirt will help them. [laughter] [talking over each other] >> all right,. melissa: that is all the "money" we have for you today. "the willis report" is coming up next. gerri: tonight, welfare recipients taking out cash outstripped countless we have details of a disturbing new story. welcome to "the willis report" we begin tonight with fears of tighter gun restrictions across the u.s. now there is growing concern say new legislation may soon put them out of business. joining me now is north american firearms. a gun store outside of chicago. welcome to you all. it's great to have you here. i am going to start with bernadette. take a look at the numbers here. it is unbelievable. we have had twice as many gun sales in november to december, as many background checks on the same time a year ago. it is astonishing how many guns are being sold across this country. what are your customers telling you about why they are buying? >> they are saying if they don't buy the guns now, they fear for the band. not onl
FOX Business
Jan 7, 2013 8:00pm EST
with fannie, don't you find it odd that fannie is taking -- when taxpayers continue to get the shaft, a most gang lender -- mortgage lender whose little bi politicas date back to the clinton days? and the beneficiaries of bailout who collective are second to none, that does not make sense. it does not represent so much as a drop in the bucket. government watch dog, said that is the problem with bailouts, taxpayers keep losing out. tconsideratioty young is here t. the markets were sanguine on this, saying no surprise, blah, blah, blah, but i think it is offensive. >> of course, it is offensive, when bank of america took over countrywide loans under tarp the federal government agreed to payback any losses that bank of america had, when bank of america writes a $10 billion check to fannie mae, tax payers will be on the hook, the executives of fan may and freddy hacker losing money, and still getting bonus us. in private sector you get fired. neil: you know what is weird is that. the bank is paying the penalties for an entity that government all but forced it to buy. you have to wonder when fann
FOX Business
Jan 7, 2013 9:00pm EST
they are buying? >> they are saying if they don't buy the guns now, they fear for the band. not only here in the state of illinois, but of course in the united states. and theears are now more than they ever have been. gerri: essentially we are talking about the president having a working group. we don't really know what they are yet, although we have said universal background checks for all gun buyers, mental health examinations and tougher penalties for those carrying firearms near schools. that is what the white house is talking about. a lot of people don't like this. tell me, what are you afraid of? what do you think this is bringing on for you? >> well, you kno the main thing is it is all speclation. what it is doing is clearing out and on the surface that may seem good for business. but the problem is our distributors and the people that we actually purchase our weapons from for our customers -- they are holding back amongst everything. you know, the whole gun industry just in general is out of whack. everything is out of whack. gerri: you told our producers that you are afraid that
FOX Business
Jan 10, 2013 11:00pm EST
. i live in the wild side, don't put me in a box. the women are inclined to regret the decision for having a tattoo than men are. whatever that says. but people are going to make a judgment in a good or bad way. lou: how do you keep your kid from doing a? >> you share your value system. i can ask my daughter. but she wanted not to get attached here. lou: that's it for us tonight, good night from new york. spiezio president obama is now nominating jack lew to replace timothy geithner. welcome, everybody. let's just say this president loved the movie and it ended there. this president's cabinet is a far cry from that president's cabinet. again confirming it is more loaded with inside the box than outside the box. forget john kerry and chuck hagel. think of a time when a president surrounded himself with meaningful people. i'm not saying that jack lew doesn't deserve to be the secretary. but he's just not a lincolnesque choice. a president who dared to break the mold. >> is asking the world that they are up to the task? let's ask john layfield and chris stirewalt and myra weinstein
FOX Business
Jan 13, 2013 1:00am EST
and minds. you are the leader. >> don't settle. lived better. live free. john: no more than 2 million understand nice. >> crystal.nice. >> stick around for the after the show show. >> brenda: pay day, may day. millions of americans seeing their paychecks take a hit for the first time this week as the payroll tax hike kicks into full gear. and with 77% of workers in the cross-fire, virtuly no one is safe. >> i almost cried because they took taxes, a lot of taxes out of me. >> it's one of those things that nobody is happy about. >> that sucks. >> it's not good to see it go down. >> it makes a little bit of a difference, maybe with a little less spending, fun stuff. >> my paycheck was about $60 less this months, that goes to food and groceries, i am not super happy about that. >> less money in my pocket and less money i spend, less money in the economy. so are they right? does this new payroll tax hike mean less spending and a weaker economy? hi, everyone, i'm brenda buttner, this is bulls and bears, here they are, the bulls and bears this week, gary b smith, tobin smith, jonas max ferri
FOX Business
Jan 6, 2013 9:00am EST
this out. a lot of things are state base silly laws. but don't impact the economy . last year was an election year, we have a small number of regulations that are hitting us. >> you bring up an interesting point. emac, the's new list of regulations that are 77,000 pages was issued on the friday before christmas. trying to get buried in the holidays. >> it was released between april and october. these rules are going to cost the economy 128 billion . that is it one estimate out there. even russian czar said i don't rule russia. my miniczar's do. rich has it right. burrcrats are justifying and creating n rules . and i lk to them. they have to hire tir own burrcrat to dole with the government burrcrats. >> emac said you need new administrators and czars. >> maybe it would add jobs. but it is important to point out regulations are necessary. even governor romney said that . porly -- case in point. oregon is coming out with a law that makes employers not discriminate against unemployed applicants that is it important. we have seen discrimination there. that is good for the economy.
FOX Business
Jan 6, 2013 9:30am EST
. >> what do you think emac? >> i don't li. buy it on weakness. it is too high right >> we are in a new year and not sure how people are going to be buying things. walmart is one of those stocks that always seems to do well. >> it was basically had a weak performance in the holiday shopping as all brick and mortar stores about. buy it on weaess. >> i think it is it a great choice. keep an eye on the earning's report. >> should we be concerned with the earnings or buy it now? >> buy on weakness . then they may pop. s for watching, have a great weekend. ♪ >> forget the rich. did this week's cliff deal throw poor people over the cliff. nonprofits think that folks will think twice about the charity. did the lawmakers punish the poor? i am cheryl casone, and welcome to cashin' n welcome to all of you. i want to start wutracey. did you think the deductions would hurt poor americans. >> i think everything that happened with the cliff would help lower income in particular. but contributions, cheryl,s threshold was lowered and that means more people are going to not going to deduct things on the sc
FOX Business
Jan 10, 2013 9:20am EST
down to it ♪ ♪ hit me with your best shot ♪ why don't you hit me with your best shot ♪ ♪ hit me with your best shot, fire away ♪ ♪ imus in the morning ♪ >> welcome to our brave new world of entitlement, it starts when you are very young. good morning, everyone. the taxpayer now feeds one in four of our nation's children. 20 million youngsters get food stamp benefits. we've never seen this before and the numbers are rising. the gun summit today. expect action soon. joe biden warns that the president may bypass congress to get something done. watch out for an executive order. niss nissan, a japanese company gets a 1.4 billion dollar loan from the taxpayer. the electric car, the leaf, gets the money. and please, look at this, if jack lew is confirmed as treasury secretary, this will be the signature you see on the dollar bill. looks like a printing. "varney & company" is about to begin. joe doesn't know it yet, but he'll wk his way up from busser to waiter to chef before opening a restaurant specializing in fish and me from e great northwest. he'll start investing early, he'
FOX Business
Jan 10, 2013 5:00pm EST
wall street to come and meet and talk about things then you don't know what really will come out of it. this is a parade of people coming through. do you think that something is really going to come out of it? >> we'll definitely get a report. how much the administration will push this, remember the administration didn't have all that much to say on gun control until these recent events developed. they always had positions on it but didn't go out of their way to discuss it. they're going for the optics. having meetings with different stakeholders. whether this translates into actual policy we'll see. that report comes out tuesday. waiting to see what is in it. melissa: definitely. rich edson, thanks so much. in light of everything that has happened some lawmakers are wondering should anyone have access to semiautomatic assault rifles and high-capacity magazines? according to the second amendment every american has the right to bear arms but alderman joe marino says not everyone should have access to the weapons. he hasn't heard an argument to believe otherwise. why do you think banning
FOX Business
Jan 11, 2013 3:00pm EST
for the last five years, and this is the first month with an impressive number, but the money is spent. you don't want to trade on that. the question is one month is not a trend make. we need to see what happens, but, again, i think why you're seeing this stall, if you will, near the highs is because of the technical analysis impacting the market. liz: got it. you prefaced that before you came on the show. ed to -- todd at the cme. when ben talks about that technical exhaustion on certain levels of the market, i mean, everybody's talking about 1470 for the s&p, and that's important to hold. what are you looking at? what are you talking about? >> good afternoon, liz. you know, we are -- the problem here is there's no volatility, no volume, way too much complacency in the market. liz: what are you looking at now? historically at this point? >> it's a downward trading at 70% of normal volume right now, and so the s&p is trading at about -- the s&p futures trieding at 75% of normal volume. when you see low volumes, it's overall way too come place sent. we know what happens when people are comfortab
FOX Business
Jan 6, 2013 4:00am EST
or the life style as much as what they will do to create new jobs. but they won't because they don't know how much they will be asked to pay their fair share. tell me a percentage. fe will not do it. right now the average person will pay almost 44 percent of federal taxes and including state or local. how much is enough? gerri: here in new york city will local taxes and real estate it is almost that 60 percent. succession dollars going to3 government it is almost too much to take. talk about the do nothg congress. the debt ceiling and this week people are getting paychecks for the first time. >> people will be surprised the president said if you make less than $250,000 you will not pay one dime. they are paying a lot of times. making $50,000 will be on the hook of additional $1,600. you don't have that to give the government so they can waste it to borrow more money. it will hit people hard. ha and then add the obamacare tax and the economy will be in a world of hurt. gerri: maybe there is a tax revolution. people may make calls to congress. o knows? >> i do think there will be a revolt from
FOX Business
Jan 11, 2013 5:00pm EST
about things that don't matter. this is. he will take questions. any word from the fed chairman about the pace and timing of quantitative easing we'll get it to you. it could move the markets. david: and the number one thing to watch next week will be bank earnings. bac and everything on thursday. we'll hear from jpmorgan, goldman sachs. thursday we hear from citi and bank of america. melissa: i'm melissa francis and here's what's "money" tonight. well you probably heard about shell's grounded alaskan oil rig but did you know why it might have been moved, to avoid taxes. we'll drill down on those details. plus ditching the gas tax by the side of the road. virginia governor bob mcdonnell, wants his state's 17.5 cents gas tax gone for good but he wants to raise another tax instead. he will join us in a fox business exclusive to tell us how it all shakes out. >>> a landmark decision in the sports world. major league baseball will start random in season testing for steroids. will the help its tarnished image and bring in ticket sales? we have former cincinnati reds pitcher, rob dib bill.
FOX Business
Jan 13, 2013 8:00am EST
? >> i don't see how it can't, brenda. the person in tt little clip summed it up perfectly. it makes a little bit of a difference and a little bit of a difference times a few hundred million people makes a big difference. it's already been studied by economists, they predict 4 to 500,000 jobs lost, 1/2% lopped off the the gdp. if you look around the studio there, everyone that gets a paycheck, like they said in that little clip, sees less he money. that's less money they were going to spend on groceries, at the drug store, the gas station and that money gets sucked out of the economy, so do jobs. >> brenda: well, now, this does hit lower and middle class americans harder because there is a limit to the amount of income that is taxed. but toby, do you think the higher income americans can make up the spending? >> well, yes. and the fact is, whether this sounds fair or not fair, here are the facts that the top 20% earners in the united states, not the 50% who don't pay any taxes, by the way. but top 20% we look at and measure for discretionary spending because that's the margin, the sp
FOX Business
Jan 6, 2013 2:00am EST
around the world. >> ben? >> i love it . spiders. index fund. >> are they going to beat stocks. >> i don't thi they would. i like adams more than bens. ann forbes on fox. >> forget tax hikes in the new year. is the bigger worry the 77,000 pages of new regulations for making it illegal to own more than four cats and releasing wild hogs in the wild and using or serving single serve water bottles and regulations health care law. is it about to dry up the job market? hi, everybody. welcome to forbes on fox and go in focus with teave, rick and elizabeth and rich and morgan and victoria. now, rich. there are a lot of silly things and important rules and regs that are going to affect small business necessary america, right? >> you are right about that. you should look at financial regulations which makes it still hard for small businesses to get loans. health care regulations, obama care is it adding a cost burden evewhere you look behind ery nook and cranny. environmental regulations that is killing small businesses. california farmers are ruined in the protection of the certain in60s and labo
FOX Business
Jan 7, 2013 9:20am EST
kobe's 6-6205. imus: don't have time to get into the tale of the tape here, warner. [laughter] and here is another one of dagen's five favorite songs. ♪ ♪ just out of rehab, 28 days clean ♪ ♪ genuine, certified ♪ ♪ when we thought he put that drug in his past ♪ ♪ he walked down and boy done relapsed ♪ ♪ it i just had to laugh, knocked off that horse, you get back on again ♪ ♪ just the way it is and the way it's always been ♪ ♪ no more to the story, yeah, just got again ♪ ♪ knocked off that horse, get back on again ♪ ♪ imus, imus, imus in the morning ♪ ♪ >> less money in your wallet? a record amount spent on food stamps and spending, three big numbers that tell the stewart. good morning, stuart is going to be back tomorrow, today here is the big story. 200 billion dollars, how much spending power the fiscal cliff bill takes out of our pockets accord to go goldman sachs. the combination of payroll tax cuts exspiring and higher rates on the wealthy hitting the economy hard. the second number, 80.4 billion, now, that's a record amount of yo
FOX Business
Jan 8, 2013 5:00pm EST
to get the ball rolling and solve this crisis? i don't know. we have a money power panel to help us sort it all out. the former tennessee governor, phil bredesen, from the fix the debt committee. douglas holtz-eakin formerly of the cbo and evan bayh, former senator and fox news contributor. wow what a power panel. i hardly know where to start. phil, you think it is appalling we gotten this far. why? >> i just think play games, the political games with the faith and credit of the united states is a crazy position to be in. like playing with fireworks and playing with matches in a fireworks factory or something. i understand the need to deal with entitlements and to reduce costs on that but there are other ways of doing that. there is the whole sequester thing coming up down the road. i just think it is crazy for the congress to be messing around with brinkmanship on this particular issue. melissa: doug, how serious is it to hit the debt ceiling? what really happens? do we suddenly default? do we stop paying certain parties? what happens? >> this is --. melissa: i'm sorry. i said that to d
FOX Business
Jan 8, 2013 6:00pm EST
>> i don't want to pull that. melissa: next up, a tokyo sushi chain paid a record amount of money for this single 489-pound bluefin tuna. that is all the company is going to assert the tune at a huge discount. the price for a piece of sushi will range from a dollar 76 to $4.65456. there would have debt sell 10,000 times that much to make money. the chain president said they should be charging 100 times that much. i think it's more than that. how can this possibly be a smart move? you want to do the math? >> economically it's terrible, but the fish looks incredible, and i want to know how to get some. it's amazing. >> over at costco. i'll send it. >> about the same price. >> isn't it an honor when you buy the first tuna of this season? melissa: i guess. >> the reason it is so expensive is because it is being over faced. melissa: all right. that's all the "money" we have for you today. we will see you back here tomorrow. here is "the willis report". ♪ gerri: hello, everybody. i'm gerri willis. this is the things we get. bailed out insurance giant aig now considering suing the fede
FOX Business
Jan 9, 2013 5:00pm EST
been 1351 days since congress passed a budget. but here at "money" we don't whine. we fix things. today's power panel is here to help bridge the budget divide and finally put the mess behind us. >>> plus is slumming it apple's plan for world domination? the iphone supremacy is waning. there is word a lower end model is in the works. is it proof the phone, the iphone is finally past its sell date? we have the latest details. >>> and you get a comeback. you get a comeback. you get a comeback. lance armstrong agrees to a tell-all interview with oprah, in case you didn't know who i was impersonating there. will this resurrect his shattered brand? even when they say it's not it is always about money melissa: all right, first let's take a look at the day's market headlines. alcoa stronger than expected fourth quarter earnings help stocks snap a two-day losing streak. the dow gained 61 points. >>> aig will not sue the u.s. government over its $182 billion bailout. its board of directors refused to join a $25 billion lawsuit led by former aig chief hank greenberg in its entirety. the suit alleg
FOX Business
Jan 11, 2013 11:00pm EST
the budget. >> yes, he can. >> he's just going to spend. i'm sorry, doug, i don't want to disparage -- lori: all right, it's just getting interesting. sorry, we're out of time. thanks so much. and thank you for joining me. i'm lori rothman sitting in for lou dobbs tonight. catch me each day on now, 1 p.m. have a fantastic weekend, everybody. neil: let it be known this is the week the president tried to become a dictator. i know, i know, it sounds crazy, and, man, do i hope i'm wrong, but this is the week i discovered a president who sized up an opposition party that was very weak. this was the week that barack obama came in peace to rip our constitution to pieces. welcome, everybody, i'm neil cavuto, and i know, i know, i know what you're thinking, neil's lost. you might be right on that, but i know i'm not wrong, not one bit. now, again, i know that sounds mad, but a lot of folks are mad, very mad at a president increasingly willing to bypass congress and bypass something else, the constitution, to get what he wants whenever he wants it and get it fast. just read this week's i'll call 'em
FOX Business
Jan 12, 2013 6:00am EST
to bypass congress, she is giving him the power to bypass her too. you don't need a trillion dollar magic coin to realize this is nothing less than a high stakes power grab. now, it's not unusual for presidents of either party to try. it is very unusual for so many in both parts to lay down and let him do it. all right, here to hash it out, constitutional expert ilya shapiro and sabrina schafer as well as "the wall street journal"'s steve moore. steve, a disturbing series of events, to put it mildly. >> no question about it, neil. and, look, we have a three-branch system of government in washington. the president is the chief of the executive branch, that means the president doesn't make the laws, he executes the laws that congress passes. and, you know, i'm in austin, texas, today. here in texas everybody's been talking about this. what is with all these executive orders? what gives the president the authority to do this? and the one that, you know, i'm most interested in, obviously, is whether the president will try to unilaterally raise the debt ceiling without approval of congress. an
FOX Business
Jan 7, 2013 7:00pm EST
conflict because bullies don't respect witness. lou: the new minority whip of texas also telling fox business that he will not receive the support. both will need to garner a simple majority in the u.s. senate to assume the position that they have been nominated to. not one democrat as of this broadcast signal a no vote on either nomination. the president's second term administration taking shape as bells on spending, taxes, immigration, foreign policy all loom in the weeks and months ahead. former pentagon official, former reagan political director joining yes. pulitzer prize-winning journalist among our guests tonight. joining us to assess what could be a contentious road ahead for the president's national-security nominees to my katie mcfarland has held national security posts under three presidents and a fox these national security analyst and a pulitzer prize-winning journalist judith miller. let's begin with you. the nomination here of brennan and, of course, of hegel catching some, well, this -- by surprise despite the fact that their names have been proffered for some time. >
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